It’s shocking that 35% of American employees are leaving free money on the table by not getting their employer match. 401(k) accounts tend to hold the largest amount of assets in the average portfolio. In fact, 80% of millionaires invested in their 401(k) match...
Money doesn’t come with an instruction manual, and it can be difficult to know how to optimize every dollar. The basics are simple enough; saving for retirement is good, high-interest debt is bad, but what about beyond the basics? High-level financial mistakes, like...
Congress created what we know today as 401(k) plans by adding a provision to the Revenue Act of 1978 which allowed employees to avoid taxation on deferred compensation. The plans didn’t begin to take off until 1981, when the IRS started allowing employees to fund...
Although states are reopening and economies are up and running again, many Americans may still be suffering financially from the shutdown. We think there are a few things you can do to free-up some extra cash in the budget (or max out your Roth IRA), whether or not...
